Venture capitalists
Specialist investors who provide money for business purposes often to new businesses
Limited companies
Business organisations that have a separate legal identity from that of their owners
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Venture capitalists
Specialist investors who provide money for business purposes often to new businesses
Limited companies
Business organisations that have a separate legal identity from that of their owners
Limited liability
Shareholders are legally responsible for the debts of a company according to how many shares they own
Chairperson
Someone who is charge of a meeting or directs the work of a committee or organisation
certificate of incorporation
document needed before a new company can start doing business
private limited company (LTD)
a private company limited by shares which means the liability of the shareholders to creditors of the company is limited to the capital originally invested a shareholders personal assets are protected
public limited company (PLC)
a limited company whose shares are freely sold and traded
prospectus
document produced by a company that wants the public to buy its shares
regulatory control
official power to control an activity and to make sure that it is done in a satisfactory way
flotation
process of a company ‘going public’
multinaional company
large business with significant production or service operations in at least two different countries
issue (shares)
sale of new shares
productivity
rate at which goods are produced and the amount produced especially in relation to the work time and money needed to produce them
public corporations
business organistations owned and controlled by the state/government
infastructure
basic systems and structures that a country orr organisation needs in order to work properly
portfolio
collection (of business intrests or products)
duplication
repeat of something
provision
providing something that someone needs now or in the future
natural monopoly
market where it is more efficient to have just one organistaion meeing total market demand
subsidse
ppaying part of the costs (often by the government in business)
privatisation
transfer of public Sector resources to the public Sector (business)